What Is the Gender Wage Gap?

In The News

At its worst, in 1966, the gender wage gap was more than 40 percent — women made just under 58 cents to a man’s dollar. At this glacial rate of improvement, women will have to wait until 2059 for equal pay. For women of color, the news is even worse: Black women will have to wait until 2119 for equal pay, while Hispanic women will wait until the year 2224.

According to the Institute for Women’s Policy Research, women who took one year off had earnings nearly 40 percent lower than women who didn’t skip a year.